The Anaheim City Council will be discussing today the extension, for two years, of another giveaway of future Bed Tax revenue to a luxury hotel developer. According to the staff report, the developer could receive up to $44 million dollars in Bed Tax revenue over a 15-year period after the property opens.
Orange County Communities Organized for Responsible Development (OCCORD) and four Anaheim community leaders announced today that they have filed a lawsuit against the City of Anaheim to stop the $158 million bed-tax subsidy for luxury hotel developers in the Anaheim resort.
It looks like some Anaheim City Council members want to keep all their secret deals quiet. Now we find out that the development agreement which gave away $158 million specifically conceals the name of the primary investor benefiting from their gift of future public funds.
It wasn’t very pretty Tuesday night for the three members of the Anaheim City Council who voted to give away $158 million in future bed tax revenues to the developers of two hotels in the troubled Garden Walk district. A couple hundred residents showed up to express their displeasure over the decision…
Page optimized by WP Minify WordPress Plugin
